Groww Multicap Fund
The fund is positioned for a quality-biased multicap approach with meaningful exposure to infrastructure and financial services, though the recent shift toward cash and exits from technology suggests the manager is becoming cautious on growth narratives. The concentrated top-10 portfolio (35.5% weight) combined with eight exits this month signals tactical repositioning away from IT and select industrial names, possibly reflecting concerns about valuation or near-term momentum. The addition of a short-term TREPS holding indicates defensive liquidity management despite maintaining 90% equity exposure.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹10.9602 | +2.43% | +12.49% | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| The Jammu & Kashmir Bank Limited | 1.45% |
| TREPS 04-MAY-2026 | 8.64% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | TREPS 04-MAY-2026 INTREP040526 | 8.64% |
| 2 | TD Power Systems Limited INE419M01027 | 4.54% |
| 3 | Larsen & Toubro Limited INE018A01030 | 3.53% |
| 4 | APAR INDUSTRIES LTD INE372A01015 | 2.98% |
| 5 | Navin Fluorine International Limited INE048G01026 | 2.94% |
| 6 | Multi Commodity Exchange of India Ltd. INE745G01043 | 2.78% |
| 7 | BSE Ltd INE118H01025 | 2.64% |
| 8 | ICICI Bank Limited INE090A01021 | 2.58% |
| 9 | HDFC Bank Limited INE040A01034 | 2.49% |
| 10 | Schaeffler India Ltd INE513A01022 | 2.36% |
| 11 | State Bank of India INE062A01020 | 2.27% |
| 12 | Ujjivan Small Finance Bank Limited INE551W01018 | 2.09% |
| 13 | Bank of Maharashtra INE457A01014 | 2.01% |
| 14 | Bajaj Finance Limited INE296A01032 | 2.00% |
| 15 | Adani Port & Special Economic Zone Ltd INE742F01042 | 1.99% |
| 16 | TUBE INVESTMENTS OF INDIA LTD INE974X01010 | 1.95% |
| 17 | Yatharth Hospital & Trauma Care Serv Ltd INE0JO301016 | 1.86% |
| 18 | Cummins India Limited INE298A01020 | 1.79% |
| 19 | Coforge Limited INE591G01025 | 1.70% |
| 20 | Prudent Corporate Advisory Services Ltd INE00F201020 | 1.66% |
Sector Allocation
Frequently Asked Questions
How many stocks does Groww Multicap Fund hold?
Groww Multicap Fund holds 61 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 16.78% of NAV.
What is the largest holding in Groww Multicap Fund?
The largest position in Groww Multicap Fund is TREPS 04-MAY-2026, accounting for 8.64% of NAV.
Is Groww Multicap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.280, Groww Multicap Fund is well-diversified. The HHI concentration index is 17,278 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 16.78% of the portfolio.
What is the market cap allocation of Groww Multicap Fund?
Based on SEBI's AMFI classification, Groww Multicap Fund's equity portfolio is split as: Large Cap: 25.96%, Mid Cap: 24.26%, Small Cap: 36.90%. This reflects the fund's positioning within the market cap spectrum.
How actively managed is Groww Multicap Fund compared to other Multi Cap Fund funds?
Groww Multicap Fund has an Active Share of 71.89%, classifying it as "Highly Differentiated" among 30 Multi Cap Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Groww Multicap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Groww Multicap Fund added 2 new stocks (including The Jammu & Kashmir Bank Limited) and exited 8 stocks (including PERSISTENT SYSTEMS LTD). Total holding count decreased from 69 to 63 stocks.